Loehmann’s, Out of Step and Closing Down - NYTimes.com: " . . . Loehmann’s is merely the latest retail enterprise in its genre to go down; the demise of Filene’s Basement and Daffy’s preceded it. Stores specializing in off-price, as the jargon goes, designer clothing certainly suffered at the hands of online purveyors like Gilt, in addition to the expansion of conventional department stores into the market. But the Loehmann’s ethos, especially in New York, is also a casualty of a heightened interest in acute specialization, the notion that shopping should feel more like cultural enrichment than commercial diversion. . . ."
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